The trading week on Wall Street began without significant changes as the market awaited US inflation data expected to be published on Wednesday evening. Market analysts predict an increase of 0.4% on a monthly basis and 3.4% annually.
In Europe, stock markets closed in the red with Britain’s FTSE and Germany’s DAX falling 0.2% each and France’s CAC closing down 0.1%. Wall Street saw a mixed trend with the Dow Jones and S&P 500 weakening slightly after a positive opening, while the Nasdaq continued to rise by 0.2%.
Meme stock Gamestop jumped 80% on Wall Street, sparking interest in other meme stocks like AMC and Reddit. Oil prices soared amid tensions in the Middle East, with Brent oil trading at $83.8 a barrel and American oil jumping to $79.4 a barrel. Bitcoin stood at $62,800 per coin, while Ether was traded at $2,960 per coin.
Early trading in New York saw Wall Street open higher with the Dow Jones and S&P 500 up 0.3% each and the Nasdaq climbing 0.4%. Meme stock Gamestop increased by 54%, while other stocks like Aram, Intel, Tesla, and Dark showed varying changes. Bond yields in the US were falling slightly, with the two-year yield at 4.83% and the 10-year yield at 4
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